Auto Warranty Companies Fight For Your Business
extended auto warranty - The world of auto warranty companies is actually a fiercely competitive one. You can find a limited quantity of cars on the streets - granted, there are millions of them, and all of them, at one point or still, has or experienced a warranty - but with the multitude of companies fighting for the business of the drivers, it means that every car owner is the target of some very hungry sales reps.
This can be quite a daunting position to remain to get a car owner. Whether you are purchasing a new car from a dealership, or buying a used car, you will see people promoting you their warranty services.
Within the dealership, you might come across a pushy sales person who can try everything they could to get you to sign on to have an extended warranty once you help make your initial purchase. You will find benefits to buying at that time, including getting the costs from the warranty rolled up to the financing for your car, and realizing that your dealership will continue being the place to have any repairs or replacements done. However these comforts could end up costing you hundreds or 1000s of dollars in the end. Sales representatives make huge commissions on warranties, so they're eager to help you get to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will have to pay more up-front with those third-party companies, instead of adding a small number to your monthly car payment bills. Nevertheless it would likely save you money.
But just as not all the car sales person is out to rip you off, not every third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as being a client, so use that in your favor. Make a price comparison, look at all the relation to the warranties offered, and tell the businesses you talk to “hey, cause me to the best offer.” If they can't, someone else will.